Which has the lower trailing P/E, ACLS or VECO?

ACLS has the lower trailing P/E: ACLS trades at 38.70 and VECO at 122.14. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, ACLS or VECO?

Over the past five years, ACLS grew revenue faster — ACLS at a 11.06% CAGR versus VECO at 5.15%.

Is ACLS or VECO more profitable?

ACLS runs the higher net margin — ACLS at 10.71% versus VECO at 3.40%.

How have ACLS and VECO total returns compared?

Over the past 10 years, ACLS delivered 25.68% and VECO delivered 8.46% annualized total return. Past performance doesn't predict future results.

Axcelis Technologies, Inc. (ACLS) vs Veeco Instruments Inc. (VECO)

A side-by-side comparison of Axcelis Technologies, Inc. and Veeco Instruments Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 1, 2026. Differences are shown without an overall score or investment verdict.

ACLS

Axcelis Technologies, Inc.

$3.54B

$115.33TechnologyAt close: Aug 31, 2026, 4:00 PM ET

VECO

Veeco Instruments Inc.

$2.70B

$44.30TechnologyAt close: Aug 31, 2026, 4:00 PM ET

Total return — ACLS vs VECO

growth of $100 · dividends reinvested · last 10y

ACLS +884.0% (+25.7%/yr)VECO +115.8% (+8.0%/yr)ACLS compounded faster over this window

ACLS VECO

ACLS vs VECO: by the numbers

•ACLS is the larger company ($3.54B vs $2.70B market cap).
•ACLS trades at the lower trailing earnings multiple (38.70 vs 122.14 P/E), one valuation lens rather than an overall verdict.
•ACLS converts more revenue to profit (10.71% vs 3.40% net margin).
•ACLS grew revenue faster over the past five years (11.06% vs 5.15% CAGR).

Metrics side by side

Valuation

Metric	ACLS	VECO
P/E ratio	38.70	122.14
Forward P/E	28.09	N/A
P/S ratio	4.15	4.33
P/B ratio	3.37	3.28
EV / EBITDA	32.47	63.59
FCF yield	1.83%	2.88%

Profitability

Metric	ACLS	VECO
Gross margin	43.01%	37.81%
Operating margin	10.33%	3.26%
Net margin	10.71%	3.40%
ROE	8.71%	2.57%
ROIC	6.58%	1.89%

Growth (annualized)

Metric	ACLS	VECO
Revenue CAGR (5Y)	11.06%	5.15%
EPS CAGR (5Y)	20.50%	N/A
FCF CAGR (5Y)	4.66%	21.42%
Total return CAGR (5Y)	18.33%	14.22%

Frequently asked

Which has the lower trailing P/E, ACLS or VECO?: ACLS has the lower trailing P/E: ACLS trades at 38.70 and VECO at 122.14. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, ACLS or VECO?: Over the past five years, ACLS grew revenue faster — ACLS at a 11.06% CAGR versus VECO at 5.15%.
Is ACLS or VECO more profitable?: ACLS runs the higher net margin — ACLS at 10.71% versus VECO at 3.40%.
How have ACLS and VECO total returns compared?: Over the past 10 years, ACLS delivered 25.68% and VECO delivered 8.46% annualized total return. Past performance doesn't predict future results.

Go deeper

Full ACLS analysis Full VECO analysis Interactive comparison tool

Dig into the metrics

Axcelis Technologies P/E ratio Veeco Instruments P/E ratio Axcelis Technologies ROE Veeco Instruments ROE Axcelis Technologies operating margin Veeco Instruments operating margin Axcelis Technologies revenue growth Veeco Instruments revenue growth Axcelis Technologies free cash flow Veeco Instruments free cash flow

Axcelis Technologies & Veeco Instruments appear in these rankings

Highest 10-Year Total Return Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified September 1, 2026.